Did You Know?

DID YOU KNOW? U.S. property sales to Chinese buyers saw a 4% drop from 2017 to 2018, according to Chinese foreign property sales site Chinese buyer enquiries on U.S. property were down 27.5% in the first quarter of 2019 from the comparable year-ago period according to China’s tightening grip on capital outflows has cast a shadow over outbound investment.....and our own intel says many Chinese investors are betting on equities in China rising once a trade deal is reached, so they have their capital parked there till then....hopefully a deal is reached soon! (CNBC)
DID YOU KNOW? A study found that there is a large gap between the home price buyers are looking for and the listed prices. Half of today’s home shoppers want to purchase a property for under $288,000, the study found, based on an analysis of home-search data. That’s 9.1%, or $27,000, below the median price of homes currently on the market. Closing that gap won’t come easily. estimated that roughly 94,000 homes priced between $100,000 and $340,000 would need to be put up for sale to achieve equilibrium. However, that would represent a 15% increase in the number of listings in this price range – homes priced above $750,000 is currently where inventory is growing the most, and even then there are only 11% more homes for sale in that price tier. (Marketwatch)

Work With Us

The Hardesty Team are pioneers in the industry and trusted advisors with a solution driven mindset. The Hardesty Team empowers their clients, helping everyone from the first-time buyers to seasoned sellers, make better, more informed decisions.
Contact Us